Stock Exchange Announcement 34/2007.
Greentech Energy Systems A/S - Interim report for the period 1 January - 30
September 2007.
•Revenue for the period was TDKK 30,101 (TEUR 4,040). Satisfactory wind
condi-tions at all locations.
•All 14 turbines in the Energia Verde project are now operating at full
capacity.
•The Company has completed an equity offering of new shares with gross proceeds
of TDKK 1,140,000 (TEUR 153,020).
•The Company's development portfolio in Italy expanded by up to 435 MW through
the acquisition of two new portfolios which gives a total portfolio in
Greentech of 68 MW in operation, 147 MW under construction and approx. 1,400 MW
under deve-lopment.
•Greentech reported a net profit of TDKK 1,021 (TEUR 137) for the third
quarter. The result for first nine-month 2007 is a net loss of TDKK 7,256 (TEUR
974).
•As a result of the substantial improvement in financial performance in the
third quar-ter, the Company now projects a pre-tax profit of TDKK 2,000 (TEUR
268) for the full year 2007, an increase of approx. TDKK 6,000-7,000 (TEUR
804-940) com-pared to the Company´s previous guidance.
The chief executives of the company will be at your disposal by a conference
call for any possible question regarding the interim report on 27.11.2007
at 16:00 CET. Tel. +45 3271 4767.
